Groww shares jump over 3% after Q4 net profit soars 122%. What is Jefferies saying?

Billionbrains Garage Ventures shares jumped 3.6% after reporting a 122% YoY surge in Q4 net profit to Rs 686 crore, driven by strong revenue growth and operating leverage. Brokerages remain divided, with Jefferies maintaining a Buy rating and raising its target price, citing a strong recovery in trading activity and profitability.